Is My Investment Covered by the PDIC?

No. A mutual fund is not a deposit product and is, therefore, not covered by the PDIC, However, when you invest in a mutual fund, you are considered a shareholder and in effect are entitled to your proportional share in the total assets of the fund. THe PDIC, on the other hand only insures up to P2500,000 fo your total deposits with a bank and not your entire investment amount.